Archive · 11 Jun 2025

UK Judge Orders Insurers to Pay for Jets Seized by Russia

UK Judge Orders Insurers to Pay for Jets Seized by Russia

Imagine some airplanes were leased to companies in Russia, but then Russia took over those planes due to the conflict in Ukraine.

The companies that owned the planes had insurance to cover such situations.

A judge in the UK has now decided that the insurance companies have to pay the plane owners for the planes they lost.

This decision impacts a lot of money and affects similar cases happening in other countries.

The judge said the insurance covers losses from the war, but not necessarily every type of loss, so some policies will pay and others won't.

Sources